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It makes perfect sense with the little bit of contextual knowledge that credit card companies sell your purchase data to whoever for whatever reason today, and
by sonnyblarney 8y ago
It makes perfect sense with the little bit of contextual knowledge that credit card companies sell your purchase data to whoever for whatever reason today, and I'm pretty sure Google uses buys and uses this info.
So - the first sentence refers to the potential program in question i.e. FB doing some kind of financial integration. The second part I think is FB's 'furthermore' in reference to the fact they don't seem to buy data from VISA to integrate into ads. Since the later is a rather common thing, I guess they felt the need to clarify.
It's funny that everyone is up in arms about FB using FB data to make ads ... when VISA, MC and AMEX basically sell all transactional data to pretty much anyone for any purpose. And this has been going on for some time and there doesn't seem to be a big fuss over it.
Personally I think the sale by Visa of all your transactions is a much worse violation of privacy because it's financial info, there's no overt 'opt in' for this, and it's sold and used willy nilly for whatever.
But to your point I don't think that too many people are aware that Visa is selling data so the context required for the later comment may not be obvious.
- spiritcat 8y agoBut with Visa we can opt-out by using monero instead, what are we supposed to do with facebook?
- lallysingh 8y ago.. not use Facebook? It's really not necessary.
- ddalex 8y agoBut if Facebook is building shadow profiles out of your data sourced through means outside control (can you not use banks?!) what's your recourse?
- ardy42 8y ago> It makes perfect sense with the little bit of contextual knowledge that credit card companies sell your purchase data to whoever for whatever reason today, and I'm pretty sure Google uses buys and uses this info. Any way to opt out of this?
- sonnyblarney 8y agoStart a Twitter campaign and get CNN to act against their best interests by taking on an important story that risks upsetting some of their major advertisers. Without an 'event' like Cambridge Analytica and without some kind of underlying momentum (ie FB appearing in front of Senators) it's probably difficult for the story to catch fire. Then you have to get the press to ignore their business folks who will want to never talk smack of some of their revenue sources ...